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"Nikkei's Record Rally Defies Asian Market Trends"

1 min read
Source: Reuters
"Nikkei's Record Rally Defies Asian Market Trends"
Photo: Reuters
TL;DR

Japan's Nikkei index reached a 34-year high, while Chinese inflation data and other key economic indicators across Asia will influence market sentiment. Chinese producer price inflation is expected to continue its negative trend, indicating deflationary pressure, while trade activity is anticipated to have improved. In India, industrial production and inflation figures will be released. HSBC's fixed income team favors India for emerging market local sovereign debt in 2024, expecting increased foreign demand for Indian government bonds.

Topics:businessfinance#asian-markets#chinese-inflation#economic-indicators#finance#fiscal-stimulus#nikkei
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  1. Morning Bid: Nikkei elation, Chinese deflation  Reuters
  2. Wall Street firms catch up to Buffett enthusiasm on Japan as Nikkei keeps hitting records  MarketWatch
  3. Asia markets fall as China annual exports drop, Japan bucks the trend to extend record rally  CNBC
  4. Japan stocks soar to highs not seen since 1990 | REUTERS  Reuters
  5. Asian stocks mixed after US, China CPI surprise; Nikkei extends rally By Investing.com  Investing.com

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